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What information should the notes provide to the financial statements?

a. About the entity's accounting policies b. As required by international standards, if not presented elsewhere in the financial statements c. Which is relevant to an understanding of the financial statements d. All of the above

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Question ajoutée par Utilisateur supprimé
Date de publication: 2013/08/27
Khaled Abdelrehim ACCA DipIFR CMA
par Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

All of the above

Mustafa Fida Hussain karimi
par Mustafa Fida Hussain karimi , Head Of Internal Audit , Al Fardan Exchange LLC

all of the above.

Nauman Ali
par Nauman Ali , Manager Accounts and Budget , Rashed Abdul Rahman AlRashed & Sons for Steel Manufacturing and Products

As per my understanding my answer to question is all of above D

Sajid Hameed - ACA
par Sajid Hameed - ACA , Chief Financial Officer / Acting Chief Operations Officer , EPC (Tamimi Group Company)

The correct Answer is d. All of the above.

Yasir Ammar Mehmood
par Yasir Ammar Mehmood , Senior Accountant , Al-Mustufa Medical Centre

Answer is d. All of the above.

Reason:

It is the requirement of the IAS-1 that the structure of the notes shall:

a) present information about the basis of preparation of the financial statements and the specific accounting policies used.

b) disclose the information required by IFRSs that is not presented elsewhere in the financial statements; and

c) provide information that is not presented elsewhere in the financial statements, but is relevant to an understanding of any of them.

 

 

taha amer
par taha amer , Finance Manager , Arabia ‎Holding

    c.
Which is relevant to an understanding of the financial statements

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